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GE takes equity interest in First Solar
August 8, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
GE and First Solar announced a technology partnership to advance thin-film solar cells and modules. First Solar has acquired GE’s global cadmium telluride (CdTe) solar intellectual property portfolio, setting a course for significant advancement of photovoltaic (PV) thin-film solar technology. GE received 1.75 million shares of First Solar common stock as part of this transaction. GE has agreed to retain the shares for at least three years. The combination of the two companies’ c...
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